Beyond Meat's Value Decreased by 900 Million Dollars!

Beyond Meat Inc. in Financial Transformation Process

Beyond Meat Inc. (NASDAQ:BYND) has managed to reduce its debt levels by approximately $900 million. This situation corresponds to 75% of their total leverage and strengthens the company's balance sheet.

The company raised approximately $150 million in cash through its current ATM program. With innovative products such as Beyond Steak and Beyond Ground, Beyond Meat Inc. reports receiving positive feedback regarding the nutritional profiles of these products.

Additionally, the company plans to rebuild its distribution network in the US retail and food service sectors in collaboration with Walmart. Their aim is to make products more accessible in over 2000 stores. The company is also implementing a transformation program to reduce operational expenses and increase profit margins, targeting positive EBITDA.

In the third quarter of 2025, net revenue decreased by 13% compared to the previous year. This reflects the ongoing challenges in the plant-based meat category. The gross profit margin has dropped from 17.7% last year to 10.3%, seen as a result of a less favorable product mix and increasing promotional expenses.

A 10.3% decline in product sales volume also contributed to the drop in net revenue. Among operational expenses, there is a significant charge for unrecorded impairment related to long-term assets amounting to $77.4 million.

The company is also battling misinformation surrounding plant-based products, which is affecting consumer perception and demand.

Beyond Meat Inc. aims to reach the profitability levels seen in 2019. CEO Ethan Brown noted that the low upper income level has impacted the entire income statement, emphasizing that they are scaling their systems to match current demand. He stated that they have made progress in overcoming the adverse effects on production costs and product mix.

Chief Financial Officer Lubi Coutua mentioned that while they cannot provide specific figures regarding cash balance, the revenue generated from the ATM program has provided significant support. Additionally, regarding misinformation, he added that they will work to debunk these inaccuracies by highlighting the health benefits of their products.

The company is also working on strategic growth initiatives and aims to explore technology applications more broadly in the US and European markets. Brown emphasized their determination to enter new categories by leveraging innovation and R&D capabilities, noting that they are in earlier stages.